After reading this article you will learn about:- 1. Objectives of Plant Maintenance 2. Importance of Plant Maintenance 3. Types 4. Schedule 5. Standard Data 6. Some Recent Developments. Objectives of Plant Maintenance: (i) The objective of plant maintenance is to achieve minimum breakdown and to keep the plant in good working condition at the lowest possible cost. (ii) Machines [...]
Several common methods used for evaluating proposals for capital expenditures and for comparing and selecting alternative machines or equipment involving capital assets are discussed:- 1. Total life average method, 2. Annual cost method, 3. Present worth method, 4. Rate of return method, 5. MAPI method, and 6. Approximate MAPI solution. 1. Total Life Average Method: Steps Involved: (i) Add the [...]
After reading this article you will learn about:- 1. Introduction to Foreman 2. Duties and Responsibilities of a Foreman/the Supervisor's Job 3. Qualifications 4. Qualities. Introduction to Foreman: A Foreman generally designated by Supervisor (in most of the industries) is a person in charge of, and coordinator of, the activities of a group of workers engaged in one type of [...]